Overnight: Incoming
With all focus on what could be a historically devastating storm hitting the east coast, Wall Street saw its first session in two weeks in which all major indices posted gains. Dow up 113.
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Overnight: Weighing Up The Ramifications
Wall Street continues to weigh up just what impact would be felt if indeed Trump goes all-in on tariffs on Chinese imports. Dow down -59.
Read MoreNext Week At A Glance
A brief look at important company events and economic data releases next week.
Read MoreOvernight: Groundhog Day
Wall Street’s trading last night was a repeat performance of the session prior – Dow holding steady as tech stocks led the Nasdaq lower. Dow up 20.
Read MoreOvernight: Tech Under Scrutiny
While the Dow remained steady as trade talks continue, social media company testimony before Congress spooked the Nasdaq. Dow up 22, Nasdaq down -1.2%.
Read MoreOvernight: All Quiet
The London stock market was stronger on the weak pound last night but otherwise markets were quiet with Wall Street closed.
Read MoreSmiggle, Online Buoys Premier Investments
Despite a tough domestic retail environment, Premier Investments ((PMV)) continues to maximise trading outcomes for its portfolio of brands
Read MoreLabour Market Begins To Boom
The Australian labour market is starting to boom.
Read MoreUranium Week: Sharp But Inevitable Pullback
Last Friday Macquarie published a lengthy review of the spot uranium market, citing five reasons why the analysts expected the strong rally on low volumes must peak out ahead of a sharp price consolidation. Macquarie was on the money if not unfortunate, given by the time the report was being published spot uranium was on track to a 13% price plunge over the week. Industry consultant TradeTech’s spot price indicator finished the week down 13%, or US$6.00, to US$38.00/lb.
Read MoreOvernight: The Big Apple
The Dow closed down 12 points while the S&P lost 0.2% to 1875 as the Nasdaq fell 0.8%.
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